Canada Home Prices Fall 6% in Q1 from Year Ago, First Decline since 2009
The magnificent house price bubble wheezes. By Steve Saretsky, Vancouver, Canada, Vancity Condo Guide: With 2017 mortgage pre-approvals having now expired, the first wave of buyers facing OSFI’s ground breaking mortgage regulations are being put to the test. The regulations, also known as B-20, require all borrowers to pass a stress test at an interest rate … Read more